MKS Instruments, Inc. (NASDAQ:MKSI) Receives $123.00 Average PT from Analysts

Shares of MKS Instruments, Inc. (NASDAQ:MKSI) have been assigned a consensus rating of “Moderate Buy” from the five research firms that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $123.00.

Several equities research analysts have weighed in on MKSI shares. KeyCorp increased their price target on MKS Instruments from $115.00 to $140.00 and gave the stock an “overweight” rating in a research report on Friday, February 9th. Needham & Company LLC raised their target price on MKS Instruments from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Thursday, February 8th. TheStreet upgraded MKS Instruments from a “d+” rating to a “c-” rating in a research report on Tuesday, January 23rd. Wells Fargo & Company raised their target price on MKS Instruments from $115.00 to $120.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 2nd. Finally, StockNews.com raised shares of MKS Instruments from a “sell” rating to a “hold” rating in a research note on Thursday, February 15th.

Insiders Place Their Bets

In other MKS Instruments news, Director Elizabeth Mora sold 250 shares of the firm’s stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $133.00, for a total value of $33,250.00. Following the transaction, the director now directly owns 16,862 shares of the company’s stock, valued at approximately $2,242,646. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, EVP Kathleen Flaherty Burke sold 7,411 shares of the firm’s stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $122.89, for a total transaction of $910,737.79. Following the completion of the sale, the executive vice president now owns 42,999 shares in the company, valued at approximately $5,284,147.11. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Elizabeth Mora sold 250 shares of the firm’s stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $133.00, for a total transaction of $33,250.00. Following the sale, the director now owns 16,862 shares of the company’s stock, valued at approximately $2,242,646. The disclosure for this sale can be found here. Insiders have sold 60,776 shares of company stock valued at $7,326,307 in the last ninety days. 0.46% of the stock is currently owned by corporate insiders.

Institutional Trading of MKS Instruments

Hedge funds and other institutional investors have recently made changes to their positions in the company. Rise Advisors LLC acquired a new stake in shares of MKS Instruments during the 1st quarter worth approximately $26,000. Mendota Financial Group LLC acquired a new stake in MKS Instruments in the 4th quarter valued at approximately $27,000. Belpointe Asset Management LLC increased its holdings in MKS Instruments by 73.5% in the 1st quarter. Belpointe Asset Management LLC now owns 295 shares of the scientific and technical instruments company’s stock valued at $26,000 after purchasing an additional 125 shares during the last quarter. PCA Investment Advisory Services Inc. acquired a new stake in MKS Instruments in the 2nd quarter valued at approximately $34,000. Finally, GAMMA Investing LLC acquired a new stake in MKS Instruments in the 4th quarter valued at approximately $35,000. Institutional investors and hedge funds own 99.79% of the company’s stock.

MKS Instruments Price Performance

Shares of MKSI opened at $122.71 on Tuesday. The firm has a market capitalization of $8.23 billion, a PE ratio of -4.45, a price-to-earnings-growth ratio of 4.19 and a beta of 1.67. The company has a debt-to-equity ratio of 1.90, a current ratio of 3.18 and a quick ratio of 2.01. MKS Instruments has a 1-year low of $63.44 and a 1-year high of $135.51. The company’s fifty day moving average price is $124.06 and its 200-day moving average price is $100.60.

MKS Instruments (NASDAQ:MKSI) last announced its quarterly earnings results on Wednesday, February 7th. The scientific and technical instruments company reported $1.17 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.28. The company had revenue of $893.00 million for the quarter, compared to the consensus estimate of $845.25 million. MKS Instruments had a positive return on equity of 9.95% and a negative net margin of 50.80%. The firm’s revenue for the quarter was down 17.7% compared to the same quarter last year. During the same period last year, the firm earned $2.00 EPS. On average, equities research analysts predict that MKS Instruments will post 4.54 EPS for the current year.

MKS Instruments Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 8th. Shareholders of record on Monday, February 26th were paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 0.72%. The ex-dividend date was Friday, February 23rd. MKS Instruments’s dividend payout ratio (DPR) is -3.19%.

MKS Instruments Company Profile

MKS Instruments, Inc provides foundational technology solutions to semiconductor manufacturing, electronics and packaging, and specialty industrial applications in the United States, Germany, China, South Korea, and internationally. It operates through Vacuum Solutions Division (VSD), Photonics Solutions Division (PSD), and Material Solutions Division (MSD) segments.